ABSTRACT

As indicated in the introductory chapter, the climate change issue can be viewed as a social dilemma. The atmosphere's absorptive capacity makes it a good that provides utterly important services for society and the global biological system by absorbing greenhouse gases, thus regulating the temperature and, over time, also the climate. The atmosphere's accessibility and the non-excludability of its services also make it a public good. Simultaneously, the atmosphere's absorptive capacity is limited. If greenhouse gases are emitted beyond those limitations, the temperature will eventually increase, leading to climatic changes evidently affecting society in a number of negative ways.